TDS on purchase of property from a resident in India
TDS on purchase of property from a resident in India The purchaser of an immovable property has to deduct tax at source, while paying the seller, if the value of…
ICAI – Pay Your Membership Fees Online 2016-17
Greetings from ICAI! We take the opportunity to request you to renew your membership for the year 2016-17 with the Institute by remitting the annual membership/certificate of practice fees, which…
Deduction U/s 35AC available only up to previous year ending 31-03-2017
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 19th August, 2016. Sub: Approval of Eligible Projects or Schemes under section…
5th Set of FAQ on Income Declaration Scheme 2016
F.No.142/8/2016-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) Circular No. 29 of 2016- Income Tax Dated 18th day of August, 2016…
Service Tax liability in case of hiring of goods without the transfer of the right to use goods
Circular No.198/08/2016 -Service Tax F. No. 137/54/2016-Service Tax-Part-II Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Service Tax Wing New Delhi, the 17…
84 Suggestions on Model GST Law by ICAI
The ICAI Memorandum contains 84 suggestions on issues relating to leviability, registration, credit mechanism, transitional issues etc. for the consideration of the Government while framing the final GST Law. Addressing…
GST News Of The Day
GST News Of The Day (18/08/2016) Ø India Inc wants states to migrate to GST at one go Read more at: http://www.business-standard.com/article/economy-policy/india-inc-wants-states-to-migrate-to-gst-at-one-go-116081701632_1.html Ø Hospitality and tourism industry asks for 6-8%…
Empanelment of Concurrent Audit – INDIAN OVERSEAS BANK
INDIAN OVERSEAS BANK INSPECTION DEPARTMENT CENTRAL OFFICE Concurrent Audit – Empanelment FEE STRUCTURE Rs.12000-Rs.30000 PORTAL OPENING DATE: 12.08.2016 CLOSE DATE:22.08.2016 CATEGORY - I APPLICATIONS MAY BE SUBMITTED FROM…
Examination Form for next IFRS Certificate Course to be held on Sept.
This is to inform you that next examination of the Certification Course on IFRS will be held on September 18, 2016 (Sunday). Examination form are available at the following link: http://resource.cdn.icai.org/43050examifrs32793.pdf Further, we may mention that in order to provide…
CBDT revises format of Form 3 of Income Declaration Scheme 2016
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) NEW DELHI NOTIFICATION NO. 70/2016-INCOME TAX Dated: August 12, 2016 In exercise of the powers conferred…